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Dec 26, 2012
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president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm woul
president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech....
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Dec 6, 2012
12/12
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i don't think he wants to be in hawaii without a deal. something is going to come up. >> ron, what about you? >> i thought the resignation of senator jim demint, who was a staunch conservative, which was a surprise departure, tells me the republicans in many ways are throwing in the towel on this deal. he's a guy who fought tooth and nail against this thing, against raising tax rates. you may want to work from the outside in, which is the way the press is portraying this. it looks like too many republicans are beginning to throw in the towel. they may finds a compromise that isn't necessarily clinton era tax rates, something in between. but it looks like the makings of a deal. with every change on the republican side, more and more likely to happen than not. >> all right. we'll see about that. we'll be watching. obviously, very, very important for the markets. thanks. see you later. >>> let's get to bertha coombs. one company with big moves after the bell. over to you. >> maria, amarin is falling after the bell. some had suspected them to
i don't think he wants to be in hawaii without a deal. something is going to come up. >> ron, what about you? >> i thought the resignation of senator jim demint, who was a staunch conservative, which was a surprise departure, tells me the republicans in many ways are throwing in the towel on this deal. he's a guy who fought tooth and nail against this thing, against raising tax rates. you may want to work from the outside in, which is the way the press is portraying this. it looks...
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Dec 5, 2012
12/12
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the president is supposed to leave for a 21-day vacation in hawaii on december 17th. where he is on december 18th will tell me, and i think the markets will pay attention. i find it hard to believe, and i agree with bill and many, who are very not amused by the house taking their long weekend. i'm sure that the president would have no intentions of leaving until these issues are resolved. i think the market is being kind, but i think it's a timing issue. >> yeah, i think that's a good point. somebody mentioned the other day that the president is planning a trip to hawaii on december 17th. i said, what? they said, no, no, no, not unless the deal is done. we'll see about that. meanwhile, the house goes away for a lock weekend. all right, rob. what do you think? you think we're going to get a deal done by the year end? >> i think there will probably be a deal done. i think you have to look at the market fundamentals today and say equities are as cheap as th they've been in 50 years relative to bonds. equities are going to stay firm. the second thing is the money flows go
the president is supposed to leave for a 21-day vacation in hawaii on december 17th. where he is on december 18th will tell me, and i think the markets will pay attention. i find it hard to believe, and i agree with bill and many, who are very not amused by the house taking their long weekend. i'm sure that the president would have no intentions of leaving until these issues are resolved. i think the market is being kind, but i think it's a timing issue. >> yeah, i think that's a good...
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Dec 7, 2012
12/12
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they're not going to hawaii because those are over 50%, too. what does california, new york and hawaii know that we don't know? >> i think they do not believe -- you can say the same thing for the obama white house -- they think america's undertaxed and the tax rates can go dramatically higher despite these examples in europe without it hurting economic growth. i think they are completely wrong. i think you can draw just the opposite conclusion of what's going on in europe. but apparently we're going down that route anyway. >> isn't that why president obama wants to raise the tax rate? he raises the tax rate in order to spend. seems to me that taxing and spending is his mantra, just like the east european mantra and the california and new york -- why would you want to raise the tax rate $1.6 trillion if youp didn didn't want to spe? that's a big number. >> it is. jared bernstein was in "the new york times" complaining about the tax cutting in this country over the past 30 years. and jared says, we've gutted the tax code, we're just not getting
they're not going to hawaii because those are over 50%, too. what does california, new york and hawaii know that we don't know? >> i think they do not believe -- you can say the same thing for the obama white house -- they think america's undertaxed and the tax rates can go dramatically higher despite these examples in europe without it hurting economic growth. i think they are completely wrong. i think you can draw just the opposite conclusion of what's going on in europe. but apparently...
SFGTV2: San Francisco Government Television
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Dec 5, 2012
12/12
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SFGTV2
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we had the state of hawaii was also able to process over 300 patients through their patient tracking system. so the hospitals were able to use the patients, actually the medical staff from their area hospitals to provide the number of patients that went to each hospital and that provided each hospital's own casualty scenario. again you see some of these pictures here, the military preparing these civilian patients for transfer. we even went as far as evacuating patients to maui the busses down there are the state of hawaii's bus evacuation system which are also used in evacuation. so this convenient tue, this vignette of hadr disaster exercise for hawaii also allowed us the opportunity for testing technology for that information sharing and interoperatability. apm was an online collaboration where we were able to share information and learn how to communicate with each other. one of the things that we realized is we have a problem with interchange of information where we actually are able to share that. and that was one opportunity that we were able to do that. quick net also partici
we had the state of hawaii was also able to process over 300 patients through their patient tracking system. so the hospitals were able to use the patients, actually the medical staff from their area hospitals to provide the number of patients that went to each hospital and that provided each hospital's own casualty scenario. again you see some of these pictures here, the military preparing these civilian patients for transfer. we even went as far as evacuating patients to maui the busses down...
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Dec 11, 2012
12/12
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let's go to patricia in hawaii. >> yes, i'm here. yelp, i bought it at $21. >> hold on to it. i think it is worth more. don't sell yet. >> let's go to stewart in new york. >> how you doing. i love you like the giants and i have a winner for you for next year. >> well, um okay. it is okay. frankly, i prefer others to it. um, for instance, i would even prefer chesapeake to it right now. and that says a lot. i was going to do my stanford invitation. it gets better. here take this. it is the conclusion of the lightening round. coming up a world away. investors cool the stocks and send the shares to the fryer. has wall street lost it's appetite for fast food. just ahead. >>> nobody is more passionate about the market than i am. you are why i come out here and do this show. >> the stuff that you are doing is so important and i want to say thank you. >> we watch every day and we count on your help for small investors like us. >> put cramer's experience to work for you. "mad money" week nights on cnbc. >> what are we supposed to do with young brands. until weeks ago. it was perceived
let's go to patricia in hawaii. >> yes, i'm here. yelp, i bought it at $21. >> hold on to it. i think it is worth more. don't sell yet. >> let's go to stewart in new york. >> how you doing. i love you like the giants and i have a winner for you for next year. >> well, um okay. it is okay. frankly, i prefer others to it. um, for instance, i would even prefer chesapeake to it right now. and that says a lot. i was going to do my stanford invitation. it gets better....
SFGTV2: San Francisco Government Television
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Dec 1, 2012
12/12
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one of the things that hawaii has never been able to do is to be able to practice together in one live exercise. they have all of their processes, how they're going to respond in a local disaster situation, but they have never been able to really put that to use. and being able to partner with us during the rimpac exercise offered them the opportunity to do that. we also had a lot of civil military interaction by us providing a lot of capability for them to be able to exercise their disaster plan as well. you see some patients here in the moulage. they were able to moulage and fake wounds and put triage information on over 125 casualty actor patients. and we were able to triage them tlau that 50-bed hospital system in hawaii and then they were evacuated to area hospitals for the state of hawaii, one of their capability gaps in the -- during their disaster situations is going to be the routes of evacuation and with the military's response providing the helicopters in an air evacuation, we were able to go ahead and test that response system. we were able to send patients to 13 area hospi
one of the things that hawaii has never been able to do is to be able to practice together in one live exercise. they have all of their processes, how they're going to respond in a local disaster situation, but they have never been able to really put that to use. and being able to partner with us during the rimpac exercise offered them the opportunity to do that. we also had a lot of civil military interaction by us providing a lot of capability for them to be able to exercise their disaster...
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Dec 10, 2012
12/12
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. >> according to the hawaii reporter. >> the other bookmark is his inauguration. you don't want these things to go through the inauguration, either. so, that gives us a very tight window. >> look, politicians have a long track record of kicking the can down the road. they could certainly do it again. but i've characterized this bull market as sort of the rodney dangerfield of bull markets. absolutely no respect. and it just keeps climbing this wall of worry, as the old adage goes. >> talk a little bit about earnings and the things you are covering, health care, financials. >> certainly. >> how do you think earnings are going to shape up for 2013? >> i'm optimistic. we could see $110 for the s&p 500. the multiple right now is about 12 1/2. we get down to 12, 13 seems to be unlucky. we can't seem to break through that. but if we get through this cliff issue, and we will, one way or another, even if we go over the cliff, there will be some resolution afterwards. i think earnings are going to hang in there pretty well. they are only triggered by the global economy and
. >> according to the hawaii reporter. >> the other bookmark is his inauguration. you don't want these things to go through the inauguration, either. so, that gives us a very tight window. >> look, politicians have a long track record of kicking the can down the road. they could certainly do it again. but i've characterized this bull market as sort of the rodney dangerfield of bull markets. absolutely no respect. and it just keeps climbing this wall of worry, as the old adage...
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Dec 21, 2012
12/12
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>> kimberly: he has to. >> bob: to go to hawaii? >> kimberly: yes. >> eric: before he goes, everyone on the right will say why -- >> bob: they had -- >> eric: why go hawaii? >> bob: reid, here are the parameters. boehner, we'll sell this. deal by 28 or 29. >> kimberly: demonize republicans to say he would meet them halfway and number of instances. look, i'm presidential and i am showing leadership. they're intractable. they are the bad guys, i'm good guy and aloha. >> bob: he came up to $400,000 in taxes. >> greg: got to go. much more to come. "the five" will be back in a moment. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better
>> kimberly: he has to. >> bob: to go to hawaii? >> kimberly: yes. >> eric: before he goes, everyone on the right will say why -- >> bob: they had -- >> eric: why go hawaii? >> bob: reid, here are the parameters. boehner, we'll sell this. deal by 28 or 29. >> kimberly: demonize republicans to say he would meet them halfway and number of instances. look, i'm presidential and i am showing leadership. they're intractable. they are the bad guys, i'm...
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Dec 23, 2012
12/12
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hawaii would not be hawaii without dan inouye. he fought for his state. he would not allow it to be ignored and he made it a better place to live and work for generations to come. mr. president, as a senator from another state far from washington d.c. i learned a lot from him about how to advocate for the people who elect you and make sure they never get lost here in the mix. through his quiet and shiney example we learned about bipartisan ship. we all learned a bit more about effectiveness. he knew how to get things done more than anyone i have seen before or will since. we learned a bit more about hume illty. you never here danny talk about himself. we learned about respect, kindness towards all, not just those who agree with you. and he helped us remember every single day why he came here in the first place. yath you how many times danny would stand his ground on issues others had given up on because he knew the impact it would have on real people. he knew this was not just about politics, it was about helping people and delivering for our communities
hawaii would not be hawaii without dan inouye. he fought for his state. he would not allow it to be ignored and he made it a better place to live and work for generations to come. mr. president, as a senator from another state far from washington d.c. i learned a lot from him about how to advocate for the people who elect you and make sure they never get lost here in the mix. through his quiet and shiney example we learned about bipartisan ship. we all learned a bit more about effectiveness. he...
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Dec 26, 2012
12/12
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i think the president coming back from hawaii to show he can't be in hawaii over the holidays while this is hanging over our heads. i don't think anything gets done and i don't think the market cares. >> where do you see evidence e the -- >> we have been sitting at this forever. brent crude at 110. these are high numbers. that's a pretty strong market for one that's about to fall out of bed. you expect them to get something done in the last 18 hours they haven't gotten done in the last 18 months? i can't imagine. >> why does the market not care if you're right? >> why does the market not care? people are saying there are reasons to own the stock market, irrespective of the fiscal cliff and things coming in the wake of sequestration and expiration of tax cuts actually good, things to embrace. let's embrace good things. republicans should like it. a little bit of fiscal responsibility in here and military budgets no party wants to take on, irrespective of parties. a lot to like. maybe they think bernanke can come in and to a certain degree fix with more stimulus policy and buying of assets
i think the president coming back from hawaii to show he can't be in hawaii over the holidays while this is hanging over our heads. i don't think anything gets done and i don't think the market cares. >> where do you see evidence e the -- >> we have been sitting at this forever. brent crude at 110. these are high numbers. that's a pretty strong market for one that's about to fall out of bed. you expect them to get something done in the last 18 hours they haven't gotten done in the...
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Dec 10, 2012
12/12
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borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two states have huge foreclosure backlogs. they need brisk buy flg order to eat up that distress. we want to keep that in perspective. people say taking away this deduction will raise home prices and drop purchasing power. but we have to remember that the interest deduction is used by 27% of borrowers. what is interesting is that older americans are getting hit with it more because they usually would move out of their large homes by now and they today stay in place because they weren't able to sell during the housing crash. guys? >> diana, does it soften the blow if they am am
borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two...
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Dec 24, 2012
12/12
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>> i've been to maryland and i would choose hawaii. david: but you don't have air force one. >> no, the bottom line, the president is sitting in the catbird seat as they'd say in indiana. and i don't want to use the word win. david: he uses the word win. >> right, i mean, he holds the cards, the cards in his hand and he knows that. david: that's exactly what he said, by the way, to john boehner, according to some notes from inside the meeting he said, hey, look, i won, i win, i don't have to compromise, you guys have to do the compromising. thank you, gang, we'll see more of you coming up. new at 10, china is set to become the largest consumer of coal. still, the u.n. kind of gives them a pass on so-called dirty energy even while they criticize the u.s. for not being green enough. we try to level the playing field with a leading environmentalist. stay tuned.
>> i've been to maryland and i would choose hawaii. david: but you don't have air force one. >> no, the bottom line, the president is sitting in the catbird seat as they'd say in indiana. and i don't want to use the word win. david: he uses the word win. >> right, i mean, he holds the cards, the cards in his hand and he knows that. david: that's exactly what he said, by the way, to john boehner, according to some notes from inside the meeting he said, hey, look, i won, i win,...
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Dec 18, 2012
12/12
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. >>> but first, the hawaii senator daniel inouye died at the age of 8837 he's a veteran and war hero. he was the senate pro item. >>> welcome back to squawk this morning. applemaker is confirming plans for a hand set factory in indonesia. foxconn now saying no timeline has been set. it would cost $5 billion to $10 billion following worker deaths, sudz and other things foxconn and apple has set pledged to bridge a new building steemt. >>> leo g ray kowski is the asset managements. really, leo? do you oversee $178 billion? >> i have a lot of help, swroe. >> that sounds like you would have a lot more wrinkles and look a lot more haggard if you had that responsibility. if we get a cliff deal which is looking closer, are our problems over in terms of this sort of market that's been stuck in the mud for a decade, do you think? >> i think a lot depends on time frame, but no is the short answer to your question. i think, you know, markets being discounting mechanisms, i think it's very unlikely that here in the short-term, we get the type of meaningful entitlement reform and a thoughtful and
. >>> but first, the hawaii senator daniel inouye died at the age of 8837 he's a veteran and war hero. he was the senate pro item. >>> welcome back to squawk this morning. applemaker is confirming plans for a hand set factory in indonesia. foxconn now saying no timeline has been set. it would cost $5 billion to $10 billion following worker deaths, sudz and other things foxconn and apple has set pledged to bridge a new building steemt. >>> leo g ray kowski is the asset...
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Dec 24, 2012
12/12
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. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. there are real world consequences to what we do here. >> a short-term deal won't just focus on tax rates. the end of the payroll tax cut and the impact of the hike in the minimum tax on january 1st. over the weekend, we did hear from some republican moderates who say it may in fact be time to make some kind of a move. >> the president's statement is right, no one wants taxes to go up on the middle class. i don't want them to go up on anybody. but i'm not in the majority in the united states senate and he's the president of the united states. >>
. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a...
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Dec 13, 2012
12/12
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a former girlfriend said he was quitting his job and selling his stuff and moving to hawaii. his mother does not understand what her son did and has no explanation. he is accused of killing a man and woman and wounding a 15- year-old girl. now the man, steven foresight was a husband and father of two. and the girl is recovering from surgery who was shot in the chest and the other woman who died was a hospice nurse. >>> he was gunned down tuesday night while unloading groceries from his own car, he had two grown children. >> just the kindest man ever. >> and he works hard, he is my role model. >> neighbors at the housing develop said they have been concerned about safety since the developer closed their offices this year. sun's family said they hope to help. >>> when the king tides will really -- when will the king tides really peek, good morning, brian. >> reporter: this is really calm right now but we expect the waters to rise and they are expected to peak later this morning. in terms of the king tides, they are a yearly event and they are expected in the colder months. but
a former girlfriend said he was quitting his job and selling his stuff and moving to hawaii. his mother does not understand what her son did and has no explanation. he is accused of killing a man and woman and wounding a 15- year-old girl. now the man, steven foresight was a husband and father of two. and the girl is recovering from surgery who was shot in the chest and the other woman who died was a hospice nurse. >>> he was gunned down tuesday night while unloading groceries from his...
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Dec 26, 2012
12/12
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president obama is coming back early as you mentioned, from his vacation in hawaii, but a senior white house official tells me they have seen no signs yet of progress toward a deal, so, everybody is going to have to wait for a couple of days. >> so, there's no indication at this point that there are any scheduled meetings tomorrow or anything to that effect, press conferences, news conferences to update the american people on what is going on in d.c.? >> everybody's got telephones, so, there's doubtless conversations going on. senate doesn't get back until late tomorrow. president gets back late tomorrow. the house is not back, but all of the leadership types, all the important players in any potential resolution of this are going to be in contact with one another and the likelihood that they will be in contact increases with every passing hour. >> john, stick around. i want to bring in anthony, who is on the desk here tonight. he was on the finance committee for mitt romney in his presidential bid. and what your sources are telling you is what in terms of if we reach a deal. >> i've t
president obama is coming back early as you mentioned, from his vacation in hawaii, but a senior white house official tells me they have seen no signs yet of progress toward a deal, so, everybody is going to have to wait for a couple of days. >> so, there's no indication at this point that there are any scheduled meetings tomorrow or anything to that effect, press conferences, news conferences to update the american people on what is going on in d.c.? >> everybody's got telephones,...
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Dec 18, 2012
12/12
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. >>> also, senator daniel inouye of hawaii passed away this afternoon at age 88. inouye was a senator for 50 years. he was a world war ii hero as well. inouye was awarded the medal of honor for actions he took in italy in 1945 as a member of the legendary 442 combat team composed entirely of japanese americans. may senator inouye rest in peace. >>> now back to some stock market work. stocks continue to discount a fiscal cliff solution of some kind. as i've suggested, they're reacting positively. how about a little optimism on that story? up next, some optimism. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? come pre-filled with problems. enough is enough
. >>> also, senator daniel inouye of hawaii passed away this afternoon at age 88. inouye was a senator for 50 years. he was a world war ii hero as well. inouye was awarded the medal of honor for actions he took in italy in 1945 as a member of the legendary 442 combat team composed entirely of japanese americans. may senator inouye rest in peace. >>> now back to some stock market work. stocks continue to discount a fiscal cliff solution of some kind. as i've suggested, they're...
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Dec 24, 2012
12/12
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the president and first family are in hawaii to celebrate the holidays and members of congress left the capital with no agreement. the country faces massive mandatory tax increases and federal spending cuts on january 1st. meanwhile one republican congressman says president obama wants america to go over that cliff >> it is unclear when the president will return from hawaii. staffers for both sides are expected to be communicating over the next few days >> egypt's leading opposition party says it plans to appeal the results of yesterday's constitutional referendum. preliminary results show the new constitution passed with 64- percent of the vote. but opponents say it limits their rights -- and is not legitimate because the voting procedure didn't follow guidelines. parliamentary elections are scheduled in two months -- and the opposition hopes to present a united front by then. some 68-percent of egyptians did not vote in the referendum. >> former president george h. w. bush is showing signs of recovery but may not be home to celebrate christmas with his family. he has been hospitalized
the president and first family are in hawaii to celebrate the holidays and members of congress left the capital with no agreement. the country faces massive mandatory tax increases and federal spending cuts on january 1st. meanwhile one republican congressman says president obama wants america to go over that cliff >> it is unclear when the president will return from hawaii. staffers for both sides are expected to be communicating over the next few days >> egypt's leading opposition...
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Dec 26, 2012
12/12
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. >> some people i've talked to today suggested the mere fact the president is coming back from hawaii early on suggests good tidings. >> well, i think it suggests the president wants to be working on this problem and be seen as working on this problem, but it's only partially up to him. he's got to get the acquiescence of republicans and a temporary extension of tax cuts for people under $250,000. their acquiescence to turn off the sequester to avoid the automatic budget cuts are up to mitch mcconnell in part and also up to john boehner who may be asked before it's over to put on the floor of the house a bill that lacks support of the majority of his own members. that is something that would be a risk on the speaker's part as he faces a re-election by the house of representatives to the speakership in early january, but we'll see whether if it comes to that, whether he's willing to do it. 8. >> john, thank you very much. >>> as we edge ever closer to our impending fiscal doom, we will look more closely how the markets are reacting and what is yet to come. joining us now, michael farr
. >> some people i've talked to today suggested the mere fact the president is coming back from hawaii early on suggests good tidings. >> well, i think it suggests the president wants to be working on this problem and be seen as working on this problem, but it's only partially up to him. he's got to get the acquiescence of republicans and a temporary extension of tax cuts for people under $250,000. their acquiescence to turn off the sequester to avoid the automatic budget cuts are...
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Dec 7, 2012
12/12
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should the president be jetting off to hawaii? both sides created this mess and they are the only ones who can fix it. from senior advisor president reagan began, pat buchanan joins us. pat, any promise of the president if he leaves town before this is resolved? >> i think the president is taking a tremendous risk here, greta. the reason is if this is not solved and it looks like it is going to come apart, say, on the 20th, 21st of december and he's splashing around at hawaii, you could have people's 401s being wiped out and portfolios being wiped out and if he is sitting out there i i think he's in real trouble politically. this is a show of a certain amount of arrogance and confidence that he's not afraid we are going to go over the cliff, and if we do, he will take care of it after that. but i think he's taking a risk and my guess is there are advisors in there telling, mr. president, you better keep the plane gassed up at honolulu. >> i think if he goes on vacation or anyone else, that he has a tenure that anyone else does. th
should the president be jetting off to hawaii? both sides created this mess and they are the only ones who can fix it. from senior advisor president reagan began, pat buchanan joins us. pat, any promise of the president if he leaves town before this is resolved? >> i think the president is taking a tremendous risk here, greta. the reason is if this is not solved and it looks like it is going to come apart, say, on the 20th, 21st of december and he's splashing around at hawaii, you could...
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Dec 26, 2012
12/12
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the president cutting his vacation short in hawaii. the president plans to leave for washington tonight. congress expected to return on thursday. president, guys, not expected to actually arrive in washington until tomorrow morning. no talks scheduled that we know of as of yet. all the attention's going to turn to the senate, which tends to be more of a compromising body than the house is. >> yes. and the president is available in person if you should want to go over there and visit with him. or perhaps if he wants to visit with anybody else. the consensus seems to be if you get some sort of a deal, it's obviously not going to be the big deal. it will simply be something that extends the tax cuts for the vast majority of americans, at least those earning less than $250,000 a year. the consensus seems to be, carl, that if we don't get a deal by the second or third or fourth week, the super bowl week, we'll start to feel it in the economy. >> we had a notable sell-off. there is typically a bias on christmas eve, but the worst christmas e
the president cutting his vacation short in hawaii. the president plans to leave for washington tonight. congress expected to return on thursday. president, guys, not expected to actually arrive in washington until tomorrow morning. no talks scheduled that we know of as of yet. all the attention's going to turn to the senate, which tends to be more of a compromising body than the house is. >> yes. and the president is available in person if you should want to go over there and visit with...
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Dec 22, 2012
12/12
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. >>> now, here's what president obama had to say just before leaving for hawaii for christmas. >> i just spoke to speaker boehner, and i also met with senator reid. in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> wow. ten days. so, will the fiscal cliff solve in ten days? i know there's a deal out there some place it may not be until january, but let's ask our free market friday panel what they think. we have the columnist for the hill and former dnc communications director katie pavlitz. and mr. greenhaus is going to stay with us. all right, katie. first of all, obama basically said in ten days we can get a deal, it sounds like a small deal, 250,000 is the middle class threshold after mr. boehner's plan "b" got defeated. is such a thing possible? or will we have to wait until the new year? >> we're probably
. >>> now, here's what president obama had to say just before leaving for hawaii for christmas. >> i just spoke to speaker boehner, and i also met with senator reid. in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten...
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Dec 24, 2012
12/12
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CNBC
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the president's playing golf in hawaii. there's nothing going on behind the scenes. >> there's not some -- >> meetings going on in the white house, there's not staff -- >> lining up a putt? >> no, which is difficult, because there's lots of other stuff that has to go into what the president talks about before he left on friday, which is the tax rates. he didn't talk about payroll tax cut, amt, a number of things. there's a lot that has to go into a final deal and how they get that done. >> my worry is we're not talking about early january, we're talking about late january. >> i think it's probably more mid january if we go over. because i think you'll see market reaction, and you'll see a lot of people freak out, and it's a problem. >> market reaction, would you think -- >> people still think it's, you know, we get a deal. last-minute deal. i tend to be an optimist. i've been a cliff diver for the start. the alternative to allowing it to happen is so crazy and so insane and so stupid. >> here's what -- i'm not advising the
the president's playing golf in hawaii. there's nothing going on behind the scenes. >> there's not some -- >> meetings going on in the white house, there's not staff -- >> lining up a putt? >> no, which is difficult, because there's lots of other stuff that has to go into what the president talks about before he left on friday, which is the tax rates. he didn't talk about payroll tax cut, amt, a number of things. there's a lot that has to go into a final deal and how...
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Dec 19, 2012
12/12
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CSPAN2
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hawaii would not be hawaii without danny inouye. he p5 for his stake. he would not allow it to be ignored and he made it a better place to live and work for generations to come. mr. president as a senator from another state far from washington d.c. i learned a lot from senator inouye about how to make sure they never get lost here in the mix. through his quiet and shining example, we all learned a bit more about that partisanship. i so remember danny huddling here on the floor working closely with his good friend, senator stevens from alaska. we all learned a bit more about effectiveness. he knew how to get things done more than anyone i have seen before or wilson's. we have all learned a bit more about humility. you would never hear danny talk about himself. we all learned a bit more about respect, about kindness towards all, not just those who agree with you and mr. president danny helped us all remember every single day why he came here in the first place. i can tell you how many times danny would stand his ground on issues that others would have giv
hawaii would not be hawaii without danny inouye. he p5 for his stake. he would not allow it to be ignored and he made it a better place to live and work for generations to come. mr. president as a senator from another state far from washington d.c. i learned a lot from senator inouye about how to make sure they never get lost here in the mix. through his quiet and shining example, we all learned a bit more about that partisanship. i so remember danny huddling here on the floor working closely...
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Dec 14, 2012
12/12
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president obama doesn't want to cancel his hawaii vacation, and harry reid's threatening to keep congress in session, again, for the third year, fourth year in a row. that could have been one of the things they talked about. but at this point, i'm not quite sure if boehner can really get a deeper spending cut deal. i think the most he's going to be able to get is a promise. >> keith boykin, the other thing when i was down in washington yesterday, on the phone with all these guys, is that basically the republicans are going to cave in. basically they're going to cut their losses. basically it's a strategic retreat, that's what i call it, and they will give the president, they will give him his middle class tax cuts, or extended tax cuts and the top rates are going up. now, what the gop gets in return for that i do not know. but i see a cave-in, keith. >> i think you're right. they have no choice, larry. i mean, there's no leverage. the tax rates are going to expire on december 31st, so on january 1st, regardless of whether they do nothing or not, something's going to happen. the president'
president obama doesn't want to cancel his hawaii vacation, and harry reid's threatening to keep congress in session, again, for the third year, fourth year in a row. that could have been one of the things they talked about. but at this point, i'm not quite sure if boehner can really get a deeper spending cut deal. i think the most he's going to be able to get is a promise. >> keith boykin, the other thing when i was down in washington yesterday, on the phone with all these guys, is that...
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Dec 18, 2012
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and i remember in our childhood in hawaii that hawaii is a diversified place. where i lived in paolo valley, there were many japanese families that lived around us, and there were many nights that i spent sleeping in the homes of our japanese families, ate their food, slept on their floor and really was brought up with the japanese families. so when the war broke out, i couldn't understand what was happening, because they were families that were removed from the community, and, of course, at that time the japanese american boys weren't allowed to be in the military. but they pursued it because they wanted to serve this country as well. and this is why in my time in congress i did focus on trying to help the japanese americans in this country, and the asians in this country as well, and to help them achieve what they really earned. and i remember seeking the medal of honor for the unit and for those who fought in world war ii , and i provided the pentagon with a hundred names from these units. and was really surprised that they were finally 21 of them that were
and i remember in our childhood in hawaii that hawaii is a diversified place. where i lived in paolo valley, there were many japanese families that lived around us, and there were many nights that i spent sleeping in the homes of our japanese families, ate their food, slept on their floor and really was brought up with the japanese families. so when the war broke out, i couldn't understand what was happening, because they were families that were removed from the community, and, of course, at...
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Dec 7, 2012
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the latest in hawaii where secular group octobered to event poor people in after from can a. the reason the hawaii citizens for the separation of church and state objected the event involved the new hope church which handled ticket sales for a concert. joining us now from new york culture warriors. >> janine is there a growing anti-christian bias in america? >> i'm catholic, bill, i have to tell you if i didn't answer that responsibly and say yes i wouldn't be telling you what's going on in our country. we have this nativity scenes and can a there has been this try to reduce the number of religiously identified displays, then what we are seeing now is more and more of these things being suppressed by the courts who are now saying if there is an identification of religion in any way, then that is unconstitutional and it is a violation of the first amendment. but the interesting thing about this is that the first amendment has the establishment clause and it says that there is no way that you can interrupt the establishment of a religion or prohibited free exercise of religion.
the latest in hawaii where secular group octobered to event poor people in after from can a. the reason the hawaii citizens for the separation of church and state objected the event involved the new hope church which handled ticket sales for a concert. joining us now from new york culture warriors. >> janine is there a growing anti-christian bias in america? >> i'm catholic, bill, i have to tell you if i didn't answer that responsibly and say yes i wouldn't be telling you what's...
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Dec 13, 2012
12/12
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it was even in the back of his mind or if he just had another plan to leave. >> reporter: instead of hawaii, police say he went to the mall dressed to kill. police say roberts made a beeline from his volkswagen jetta in the parking lot through the macy's store carrying a rifle, wearing a ballistics vest, and a hockey style facemask. he entered on the upper level, when he got to the food court, he was already reportedly firing, killing 54 hospice nurse cindy ann yuille, who was christmas shopping, and 45-year-old steven forsyth, a father of two, who owned a small business in the mall. he fired into the lower level, hitting this 15-year-old, now in the hospital. there his gun jammed. he bolted down a flight of stairs where he got his rifle working again, according to police, and killed himself near the jcpenney store. it was just the latest rampage in a violent year. july's massacre in aurora, colorado, killed 12, but it wasn't the only mass tragedy. april 2nd, seven dead on a university campus in oakland, california. in august and september, seven dead at a sikh temple in milwaukee, then six
it was even in the back of his mind or if he just had another plan to leave. >> reporter: instead of hawaii, police say he went to the mall dressed to kill. police say roberts made a beeline from his volkswagen jetta in the parking lot through the macy's store carrying a rifle, wearing a ballistics vest, and a hockey style facemask. he entered on the upper level, when he got to the food court, he was already reportedly firing, killing 54 hospice nurse cindy ann yuille, who was christmas...
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Dec 18, 2012
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hawaii a better place. he fulfilled his dream of creating a better hawaii." he was a strong supporter of the university of hawaii, a strong supporter of george washington university law school, he got his bamp lower's in hawaii, his law degree at george washington. he was determined -- a determined representative of the fighting men and women, a longtime leader of the defense appropriations subcommittee. as i mentioned briefly last night, there has been in my many years in congress, i have been here as long as my friend, the assistant leader here, who is seated next to me today, we've been here 30 years. and there's been no one i've ever known in my 30 years here who did more and fought more for the fighting men and women of this country. he believed the nation's commitment to the members of its armed forces didn't earned with their -- end with their service. mr. president, for fear it would be lost and it shouldn't be lost, i want to spread on the record what this good man did at a prayer breakfast a coupl
hawaii a better place. he fulfilled his dream of creating a better hawaii." he was a strong supporter of the university of hawaii, a strong supporter of george washington university law school, he got his bamp lower's in hawaii, his law degree at george washington. he was determined -- a determined representative of the fighting men and women, a longtime leader of the defense appropriations subcommittee. as i mentioned briefly last night, there has been in my many years in congress, i have...
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Dec 9, 2012
12/12
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armey-demint --- they are like the congregationalist in hawaii. they came to do good, and they're doing very well. [laughter] >> with him leaving the senate and going to the hetage foundation, i think the intellectual level both places lifts up. now -- you got it. >> yeah, i got it. >> remember, heritage was the originator of the idea of the federal mandate for health insurance. >> he said we spend too much time concentrating on o obama and not our positions. don't forget that it was jim demint in 2009 who said that if we stop him on health care, this will be his waterloo. we will break him. he faid to do that. he has been a very partisan guy his whole time in the senate. >> he was one of the senators to vote against the international treaty for disabilities, with bob worldwide on the floor of the senate i don't understand that. -- with bob dole might on th floor of the senate's. i don't understand that. >> it was a un thing.. >> nina is right. the totally fabricated specter of u.n. helicopters coming to home schooling parents and takiking their c
armey-demint --- they are like the congregationalist in hawaii. they came to do good, and they're doing very well. [laughter] >> with him leaving the senate and going to the hetage foundation, i think the intellectual level both places lifts up. now -- you got it. >> yeah, i got it. >> remember, heritage was the originator of the idea of the federal mandate for health insurance. >> he said we spend too much time concentrating on o obama and not our positions. don't...
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Dec 27, 2012
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, look at bank of hawaii. because you know he's going to make that bank make money. even if he has to throw people out windows he's going to make that bank profitable. >> are you a fan of citi in that regard? >> i'm still waiting for them to tell me what the business model is. getting back to the point about morgan stanley. i think it's got great potential. citi was a good subprime lender and then they chased volume. whenever you chase volume you get in trouble in this business. >> you see any in the financial markets, you see any tumult next week? >> well, when the fed adjusts rates you're going to be looking at some very significant potential losses in the banking industry. not in the health and maturity -- >> not the fiscal cliff? >> no, i'm just talking about interest rates. >> anything happening if we go through? you know it's coming up, monday is new year's eve. >> it will hurt the economy which will hurt banks. but banks have rallied, i think, mostly because of the fed. they have cash flow, they were un
, look at bank of hawaii. because you know he's going to make that bank make money. even if he has to throw people out windows he's going to make that bank profitable. >> are you a fan of citi in that regard? >> i'm still waiting for them to tell me what the business model is. getting back to the point about morgan stanley. i think it's got great potential. citi was a good subprime lender and then they chased volume. whenever you chase volume you get in trouble in this business....
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Dec 20, 2012
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he became hawaii's first congressman following statehood in 1969. he won election to the senate in 1962. only 31 people have laid in the cap doll rotunda and the last was gerald ford six years ago and the last senator honored was the democrat humphrey in 1978. he will be escorted to the washington cathedral and returned to hawaii on saturday to honor an american hero who died on monday. senator inouye. >>shepard: senator dole and his wife and harry reid and the rest on the late senator inouye, senator inouye often credited a man he met in world war ii army hospital in italy with getting him into politics. i messages he lost his arm. eventually he met the united states majority leader and 96th presidential candidate, bob dole, remembered his old friend as a heck of a guy who came from a different time when a man understood a handshake, as bob dole put it. high understood if you want to get things done you have to treat people civilly and he never had an enemy in the united states senate. bob dole often said he and daniel inouye were wounded in italy
he became hawaii's first congressman following statehood in 1969. he won election to the senate in 1962. only 31 people have laid in the cap doll rotunda and the last was gerald ford six years ago and the last senator honored was the democrat humphrey in 1978. he will be escorted to the washington cathedral and returned to hawaii on saturday to honor an american hero who died on monday. senator inouye. >>shepard: senator dole and his wife and harry reid and the rest on the late senator...
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Dec 21, 2012
12/12
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the law of the people of hawaii -- to love the people of hawaii had extended across the pacific, across the continent into these halls for danny. people not only listened, respected and liked danny. almost all of us who got to know him loved danny. how many of your colleagues can you say that about? you can turn and say it and mean it, i loved this man. i loved this woman. for all danny had come through, from the sting of prejudice to his physical injuries to the deprivations he suffered, the losses he had, he would have been forgiven by all who knew him if he had an edge to him. if there's a tinge of bitterness, a touch of cynicism in his heart, he would have been forgiven for that. but the amazing thing to me was, there was none. there was none. i didn't know him, his whole life, but i never once saw him, even imply, why me? why me? danny had the most fulsome embrace of life with one arm that any man or woman could have with two. if -- as we used to say, point of personal privilege, he came to campaign for me when i said to 90 okay running for the senate. he came to delaware and he sp
the law of the people of hawaii -- to love the people of hawaii had extended across the pacific, across the continent into these halls for danny. people not only listened, respected and liked danny. almost all of us who got to know him loved danny. how many of your colleagues can you say that about? you can turn and say it and mean it, i loved this man. i loved this woman. for all danny had come through, from the sting of prejudice to his physical injuries to the deprivations he suffered, the...
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Dec 13, 2012
12/12
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there were reports that he was planning to move to hawaii. he was telling friends that he inherited a bunch of money. of course that's not true. everyone seems so genuinely shocked that this happened. they called him a happy-go-lucky kid, somebody who was popular in high school. his ex-girlfriend spoke out to abc. take a look. >> this is the last thing i would have ever expected, especially from him. he was just too sweet. never mean to anybody. >> reporter: of course we're also focusing on the victims today. 45-year-old steven forsyth, a father of two, a respected executive here in the portland area, and of course 54-year-old cindy uhl was a mother, a dedicated hospice nurse and people who knew her are also speaking out. take a look. >> cindy was an amazing hospice nurse. she spent her life helping other people transition to the end of life. and cindy's family never got to say goodbye. >> reporter: 15-year-old christina is in the hospital. she's expected to survive. she's in stable condition. she took a bullet to the torso. it bruised her lu
there were reports that he was planning to move to hawaii. he was telling friends that he inherited a bunch of money. of course that's not true. everyone seems so genuinely shocked that this happened. they called him a happy-go-lucky kid, somebody who was popular in high school. his ex-girlfriend spoke out to abc. take a look. >> this is the last thing i would have ever expected, especially from him. he was just too sweet. never mean to anybody. >> reporter: of course we're also...
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Dec 24, 2012
12/12
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was remembered with full military honors in hawaii. the 88-year-old senator lost his arm in world war ii, he represented hawaii in washington for more than 50 years. president obama and the first lady attended today's service. the president has said inouye was his earliest political inspiration. >>> many gun shop owners say sales have been booming recently. some link that to concerns the president may impose new restrictions on firearms. thousands of north texans visited local gun shows and stores this weekend where the most powerful weapons are costing more than ever. a gun dealer told our affiliate wfaa that an assault-sometime weapon like an ar-15 a week ago ran around $900. this week anywhere from diagnosis 1,500 to $2,500. in just a few minutes my conversation with a gun shop owner, several former police officers and a school safety expert who says the current call for bringing guns into schools for safety is, in his words "borderline insane." >>> an estimated 87 million americans will be traveling over the holidays, and the weath
was remembered with full military honors in hawaii. the 88-year-old senator lost his arm in world war ii, he represented hawaii in washington for more than 50 years. president obama and the first lady attended today's service. the president has said inouye was his earliest political inspiration. >>> many gun shop owners say sales have been booming recently. some link that to concerns the president may impose new restrictions on firearms. thousands of north texans visited local gun...
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Dec 5, 2012
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. >> eric: california. [ laughter ] >> andrea: hawaii. >> bob: seriously, this is nothing new. they give it to big contributors, every administration does it. >> dana: or give it to someone accomplished. george h.w. bush was offered that position in the '70s. he went to china instead. that was not a hardship post but it wasn't the grand lovely post that you get as the u.k. that residence there is beautiful. >> andrea: switch gears. talk about eck land and france. switch gears to go across the pond and talk about a headline says it's the nation's joy but a husband's nerves. kate expectations. the princess is pregnant. i know you are excited about the story. do you think we are obsessed with her as well? i can see why the british do it. is it too much? >> bob: yes. it's too much. i can look at her for a long time. the dude next to her is sort of ugly. outside of that. we're getting absorbed with. this sending anchors over to cover someone pregnant. what are they going to cover. >> andrea: they do it because it sells, right? people are interested. >> dana: in america, too. i subsc
. >> eric: california. [ laughter ] >> andrea: hawaii. >> bob: seriously, this is nothing new. they give it to big contributors, every administration does it. >> dana: or give it to someone accomplished. george h.w. bush was offered that position in the '70s. he went to china instead. that was not a hardship post but it wasn't the grand lovely post that you get as the u.k. that residence there is beautiful. >> andrea: switch gears. talk about eck land and france....
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waaay out in hawaii. but don't you worry we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! >>> welcome back, everyone. if you're not quite in the high spirits, in about seven minutes, you will be. we're here at the lighting of the monument in mount vernon. and it is chilly out here. but it's just in time for the winter season. i'm going to send it nfl inside to bob turk with the very latest. bob? >> if you're heading out tonight anywhere, it's going to be cold. gloves, hats that will be the order of the day. we're at 40 degrees. back in the 30s. east winds at 8. barometer rising 30.30 inches. right now, 34 in oakland. 41, cumberland and elkton. and 39 now at the airport, in ocean city. we have a few high clouds moving in. in. the clouds will be on the increase later tonight. and we do expect to see maybe a little rain tomorrow afternoon, but it will be milder than today. probably
waaay out in hawaii. but don't you worry we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! >>> welcome back, everyone. if you're not quite in the high spirits, in about seven minutes, you will be. we're here at the lighting of the monument in mount vernon. and it is chilly out here. but it's just in time for the winter season. i'm going to send it nfl inside...